Each one in plain English, with the numbers worked through for a shareholder.
13 Oct 2026drilling result▲ Good
Woulo Woulo deep drilling hit 56m @ 3.87g/t including 16m @ 10.19g/t, which management calls arguably its best result there. It supports a roughly 700m high-grade shoot below the 1.7Moz resource; another deep rig is mobilising and the ESIA is due to be submitted this month.
Turaco has reviewed and updated its Securities Trading Policy and lodged the revised policy as ASX rules require. Administrative; no business impact stated.
Begnopan drilling returned high grades, e.g. 24m @ 3.30g/t and 11m @ 4.33g/t, extending mineralisation beyond the 260koz resource. Results cover 69 of 113 holes. The 4.65Moz resource update is due Q4 2026 and may include Begnopan in the ore reserve.
Half-year to 30 June 2026: net loss $18.7M (prior year $8.9M). Cash fell to $51.0M from $68.1M at 31 December 2025. Report restates the Afema PFS (1.91Moz reserve) and the 4.65Moz resource; no new figures in the text provided.
Adiopan drilling extended shallow high-grade gold, e.g. 15m @ 4.72g/t and 18m @ 2.71g/t, at the Asupiri deposit (1.28Moz resource within the 4.65Moz total). The company says this supports further resource growth; a further resource update is still targeted by end 2026.
31 July 2026director officer appointment● NeutralMajor
Jessica Volich (ESG) and Brett Gossage (resource geologist) join as non-executive directors, each proposed 500,000 performance rights tied to a final investment decision and first gold. Bruce Mowat resigned after almost five years, to focus on his executive role at Resolute Mining.
June quarter report restates the Afema PFS (1.91Moz reserve, US$410M capex), the PR1074 option and the Warren King appointment. The DFS is targeted within 12 months; a draft environmental assessment is targeted for the December quarter. Cash figures are not in the text provided.
Deep drilling at Woulo Woulo hit 100m @ 1.06g/t from 495m, including 17m @ 2.96g/t, about 250m below earlier drilling and below the PFS pit. This suggests the 1.7Moz deposit could grow; further deep holes are being drilled.
21 July 2026director officer appointment▲ GoodMajor
Warren King, an engineer with 20+ years building gold processing plants, joins as Project Development Director from 3 August 2026. He will help deliver the Afema definitive feasibility study, targeted for end of Q2 2027, and then construction.
Administrative notice: 20,800,000 shares issued after unquoted performance rights were exercised. This is a large issue by the standard of recent notices, but the notice gives no further business information.
Turaco exercised its option rights over exploration permit PR1074 (366km2), paying US$100,000 in shares for a 12-month option. Buying it outright would cost 2.25M shares plus a 2% royalty and lift Afema's area to over 1,600km2, up 30%.
Afema pre-feasibility study shows a 10.3-year open pit producing about 200,000oz a year, with a maiden 1.91Moz Probable Ore Reserve. Development capital is US$410M; post-tax NPV(5%) is US$2.1B at US$3,500/oz gold. Resource stays 4.65Moz. This delivers the study due June 2026.
Presentation of the Afema PFS results: maiden 1.9Moz Ore Reserve, over 200,000oz a year, over 10 years, AISC about US$1,500/oz. It repeats the PFS announcement of the same day and adds no new results in the text provided.
Adiopan-Asupiri drilling returned results such as 28m @ 2.17g/t, and new areas Sikasso and Bergerie outside the 4.65Moz resource also returned gold (e.g. 20m @ 2.28g/t). PFS is now said to be due in June 2026, within the 2Q CY2026 target.
March quarter report: five rigs operating, resource up to 4.65Moz, and PFS nearing completion for Q2 CY2026 with a maiden Ore Reserve. Cash position stated as approximately A$60M, down from about A$80M cash and investments at 30 September 2025.
Director nominations closed with none mentioned; AGM confirmed for 10am on 11 May 2026 in West Perth. Future AGMs will allow virtual participation, which the company links to its S&P/ASX 300 inclusion on 23 March 2026.
Annual report for the year to 31 December 2025 repeats the year's story: resource growth to 4.65Moz and PFS due 2Q 2026. It states A$72M of funding, being A$68M cash and A$4M listed investments. Directors unchanged.
Administrative filing: Corporate Governance Statement current at 31 March 2026, outlining the board's governance policies against ASX recommendations. No new business information in the text provided.
Afema resource rises to 4.65Moz (115.3Mt @ 1.3g/t), up 590koz from 4.06Moz in October 2025, with a maiden 100koz Herman resource and bigger Asupiri (1.32Moz). Indicated ounces up 23%. A maiden Ore Reserve is expected in the PFS, due 2Q CY2026.